Attractive VILLAGE SELF SERVICE STORES mainly COUNTER, NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE
No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register
for free to see full location details
WE ARE INFORMED the turnover averages £5,250 p.w. in our opinion offering tremendous potential for further increase in the right hands. We understand the sale of newspapers was introduced in November, 2005 and in our opinion there is potential to develop this side of the business. As stated the newspapers are at present mainly counter news, however the vendor does deliver to 8 customers in the area. Wholesale newsbill £300 p.w. Gross profit 21% approx. We are further advised that the sales year ending 31st March, 2007 showed £230,989.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £74,500 plus STOCK AT VALUATION (£13,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
No parking problems
Front area with 3 parking spaces allocated to the shop plus front lawned area.
4 windows to SPACIOUS SALES SHOP approx. 950 sq. ft. sales area with non-slip floor. We understand the shop was refitted in Janaury, 2007 at a cost including electrics of approx. £20,000. Counter, EPOS scanning system with 1 till, electronic scales, 2 glass sliding topped chest deep freezes, 1-3.75m open cool display unit, modern adjustable shelving, centre display gondola, 1 greeting card display stand with drawers, bake-off oven, bakery cabinet for display, hot display cabinet (not used at present), cash machine (on loan), 2 storage deep freezes. CCTV system with 3 cameras, monitor plus recording.
Staff cloakroom with w.c. and wash hand basin
Staff
The business is at present operted by the vendor on a full time basis whilst his wife continues in full time employment plus 3 part time staff employed. Wages paid £190 p.w. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
The SPACIOUS SELF CONTAINED ACCOMMODATION, fully CARPETEd and with FULL GAS FIRED CENTRAL HEATING comprises:
First Floor
Kitchen with fully fitted units
Lounge
Separate Dining Room (or additional bedroom)
1 Double Bedroom
Bathroom with bath, separate shower, w.c. and wash hand basin
Stairs to Second Floor comprising:
2 Further Double Bedrooms
Outside
Rear paved garden.
Summer House used for storage purposes. Storage shed.
Car parking space in front of shop for 3 cars
Tenure
We understand the premises are held on a secure renewable lease, the present lease for a period of 15 years from September, 2004 at a rental of £16,500 p.a. exclusive of rates up to September, 2010, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £4,050 p.a. approx. + water rates
